Pacteon Group completes acquisition of Descon Integrated Conveyor Solutions to enhance end-of-line packaging equipment offerings
Acquiring Company
Pacteon Group
Acquired Company
Descon Integrated Conveyor Solutions
Description
Pacteon Group, a leader in End of Line Packaging Equipment Solutions, has successfully acquired Descon Integrated Conveyor Solutions, a prominent provider of integrated conveyor systems for the food and beverage industry. This strategic acquisition expands Pacteon's market presence and strengthens its portfolio of end-of-line packaging equipment offerings, reinforcing its commitment to delivering exceptional value to customers and partners.
Quick answer
Pacteon Group is acquiring Descon Integrated Conveyor Solutions, announced June 24, 2024. Pacteon Group is based in Blacksburg, Virginia, United States.
- How much did Pacteon Group pay for Descon Integrated Conveyor Solutions?
- The deal value was not disclosed.
- What does Pacteon Group do?
- Pacteon Group's mission is to offer a responsive and committed single source solution to design, integrate, and service complete packaging solutions.
- Where are Pacteon Group and Descon Integrated Conveyor Solutions based?
- Pacteon Group is based in Blacksburg, Virginia, United States. Descon Integrated Conveyor Solutions is based in Newmarket, New Hampshire, United States.
- Who are the decision-makers at Pacteon Group?
- Fundz holds 2 contacts at Pacteon Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- ICL acquires Custom Ag Formulators to expand Growing Solutions product offerings in North America (July 29, 2024)
- Legacy Bakehouse completes acquisition of Angelic Bakehouse to expand its core business (July 22, 2024)
- Verallia completes acquisition of Vidrala’s Glass Business in Italy to strengthen operational excellence (July 4, 2024)
- Lassonde Industries Inc. to acquire U.S. based Summer Garden Food Manufacturing to strengthen position in specialty food segment (June 21, 2024)
- Schmalz Acquires mGrip Product Family from Soft Robotics Inc. to Expand Gripper Portfolio (August 8, 2024)
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Frequently asked
Who acquired Descon Integrated Conveyor Solutions?
Descon Integrated Conveyor Solutions was acquired by Pacteon Group, based in Blacksburg. The deal was reported on June 24, 2024. Pacteon Group's mission is to offer a responsive and committed single source solution to design, integrate, and service complete packaging solutions. Pacteon Group is privately held and operates in Manufacturing.
When did Pacteon Group acquire Descon Integrated Conveyor Solutions?
Pacteon Group's acquisition of Descon Integrated Conveyor Solutions was reported on June 24, 2024. Pacteon Group, a leader in End of Line Packaging Equipment Solutions, has successfully acquired Descon Integrated Conveyor Solutions, a prominent provider of integrated conveyor systems for the food and beverage industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Descon Integrated Conveyor Solutions do?
Descon Integrated Conveyor Solutions is a prominent provider of integrated conveyor systems for the food and beverage industry, known for its turnkey customized conveyor solutions and reputation for customer service and innovation in North America. It is privately held, operating in Manufacturing, and is based in Newmarket.
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